Cheshire Corporation purchases a machine for $ 125 comma 000 $125,000. It has an estimated salvage value of $ 20 comma 000 $20,000 and is expected to produce 50 comma 000 50,000 units in its lifetime. During the first year of operation, it produced 14 comma 500 14,500 units. To the nearest dollar, the depreciation for the first year under the units of production method will be: (Round intermediary calculations to the nearest cent, and the final answer to the nearest dollar.)